Street's Gains Boost Shares

Updated March 2, 1998 12:01 a.m. ET

MANILA, Philippines -- Shares inched higher early Monday on follow-through buying, anchored on a strong local currency and the Dow Jones Industrial Average's 55.05-point rise to a record high of 8545.72 Friday.

The Philippine Stock Exchange Index of 30 selected stocks was up 16.78 points to 2283.08. On Friday, the main indicator surged 83.55 points, or 3.8%, to close at 2266.30, the third straight session of gains for the PSE...